business days but not more than fifteen consecutive business days prior to the date the Board of Directors resolved to propose the agenda to the shareholders’ meeting for approval to offer the newly-issued

dividends the Company has received from S-TREK between 2019 and 2021. Nomination of Director(s) in S-TREK Mr. Chalee Suksawad and Mr. Arak Suksawad, totaling 2 persons Mr. Arak Suksawad Condition to

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

of rice 374 253 121 47.9% Food Centre 84.6 92.9 (8.3) -8.89% Less intercompany balance (167) (119) (48) 40.3% Revenue from sales 458.8 345.8 113 32.7% ⚫ As a results of downturn in economics condition

Baht. 5) Objective of Transaction To preparing Working Capital for increase liquidity of business. 6) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than

374 253 121 47.9% Food Centre 84.6 92.9 (8.3) -8.89% Less intercompany balance (167) (119) (48) 40.3% Revenue from sales 458.8 345.8 113 32.7% ⚫ As a results of downturn in economics condition and

Managing Director Business Development and Director of WICE Logistics Public Company Limited 3. General Characteristics of the transaction Company wishes to buy the estate from Mrs. Araya Kongsoonthorn and

Company Limited and spouse of Mr. Chudet Kongsoonthorn Managing Director Business Development and Director of WICE Logistics Public Company Limited 3. General Characteristics of the transaction Company

balance (0.1) (0.1) 0 12% (0.5) (0.5) 0 -3% Revenue from sales 517 489 28 6% 1,505 1,564 (59) -4% • 2 subsidiaries decided to close restaurant business, therefore, resulting in sales revenue of Restaurant

1 / 3 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 31 March 2020